Development of Public Debt Registry
The overall objective of this project is to strengthen the emerging capital markets of Guatemala by increasing their transparency and efficiency and educating the investing public. The program will assist in the development of the Registry, created by the Ley de Mercados de Valores approved in 1996, so that it can effectively accomplish its functions. Most important, the Registry represents the first step to bring oversight and greatert ransparency to the presently unregulated over the counter market (OTC). The Registry's regulations for the OTC market should gradually become the benchmark for the operation of Guatemala's capital markets. These markets have largely gone unregulated or in the case of the stock exchanges have functioned under a self regulatory regime. The program will assist the government in the strengthening of the legal framework for the securities markets which will provide the basis for the future expansion of the Registry's functions.

Project Detail

Country

Guatemala

Project Number

TC9704299

Approval Date

December 10, 1997

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,500,000.00

Country Counterpart Financing

USD 570,000.00

Original Amount Approved

USD 930,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/MT-5783-GU Non-Sovereign Guaranteed USD - United States Dollar Technical Cooperation Facility Nonreimbursable
Operation Number ATN/MT-5783-GU
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Technical Cooperation Facility
  • Financial Instrument: Nonreimbursable

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1261136681-9087
Donors Memorandum
Program to Support the Development of a Securities Registry [454172].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1261136681-9088
Donors Memorandum
Programa de apoyo al desarrollo de un registro de valores [454174].PDF
Dec. 31, 1999
Spanish

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